Decom Engineering has secured contracts worth an estimated £4.5mn during H1 2026, surpassing its original full-year target and placing the company in a strong position to mark a record annual revenue of £6mn.

The performance reflects the growing international demand for Decom’s specialist cold cutting technologies and engineering expertise, offshore and onshore, across decommissioning scopes as well as installation and commissioning projects.

Projects have been secured across North America, South America, Africa, the Middle East, Australia and the North Sea, ranging from chain cutting projects to large-scale subsea structural removal.

In Australia, Decom has completed a subsea flexible flowline removal campaign with Cyan Renewables over a five-month campaign, while in Canada, a summer-long East Coast installation campaign is underway using the C1-16 UL Chopsaw with follow-on campaigns scheduled for 2027 and 2028.

The ultra-light C1-16 Chopsaw is being utilised on a variety of projects – two are permanently deployed on mooring chain cutting scopes offshore Brazil, while in the UKCS another is engaged on a 60-day campaign cutting chains and risers on an FPSO.

Another chain cutting project for an FLNG operator offshore West Africa in underway, while in the Middle East, Decom has developed a custom-built TRACS-32 unit that will be ready to start work in Q4 2026.

Decom Engineering Managing Director, Nick McNally, said, “Decommissioning remains a core strength of the business, but installation work – supporting clients during the deployment of new subsea assets rather than only at the end of asset life – has become a significant part of our project pipeline. Changing market conditions and better market alignment is one factor behind this year’s growth but this sits alongside a major overhaul of our product design, and a change in engineering culture with a focus on innovation, which allows us to be more responsive to customer’s requirements.”

Chairman Keith McDermott added, “We set a target of £4.3mn for 2026 and we have already exceeded at the halfway stage, so expect to double our year-on-year revenue, and have a raft of work already secured for 2027. What is encouraging is that while our decommissioning legacy is a core element of our business, clients are increasingly recognising the value of engaging our technology and expertise much earlier in the lifecycle of an asset.”